Public Relations Activities and Good Citizenship Are Examples of Which

question 70

Multiple Choice

Public relations activities and good citizenship are examples of which responsibilities of a business organization?

• A) Legal
• B) Ethical
• C) Discretionary
• D) Economic

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Definitions:

Economic Profits

The difference between a firm's total revenue and its total expenses, including both explicit and implicit costs.

Product Price

The amount of money required to purchase a specific product or service.

Production Capacity

The maximum output that a business can produce in a given period under normal conditions.

Consumers' Desire

The inclination or preference of consumers towards certain goods, services, or experiences.